Why The Apartment Investor Gets Rich With Apartment Investments

[briansnow2001]

How much is that same building worth in 2012? After the inflated values have come back to a more realistic number?

[beninnesker]

@briansnow2001 Brian, apartment values don't track the same as single family values. House values have plummetted because, thanks to all the foreclosures, job loss, and tightened credit, the demand for houses has evaporated. Yet all those people who lost their houses have moved into apartments.

Apartments are valued based on their income, and right now most apartment buildings are fully occupied. As a result their values are sky high. There's never really is a bad time for apts.

[briansnow2001]

@beninnesker That is all very well understood, but my question was what the building is worth in the current market - If you don't mind me asking. I am involved in multi-family real-estate in a Northern California market and I am just curious about values in your area and what the current ROI is. Values in multi-family properties have definitely come down in my area, albeit not as drastically as single family properties...

[Dj7baylum]

Reply on this comment to network with me and my investors organization.

Primary focus on REI however any and all buisness operations could be considered.

Thanx and welcome aboard.